Thursday, February 12, 2009

God Bless Our Econ Majors, They're NEVER Wrong!

George Will on Obama's fear mongering of economic catastrophe and the historic fallibility of our economic "experts."

Money Q:

"The federal government, with its separation of powers and myriad blocking mechanisms, was not made for speed but for safety. This is particularly pertinent today because if $789 billion is spent ineffectively or destructively, government does not get to say "oops" and take a mulligan."

But, of course, it does. That is exactly what our government will do. In fact, it will claim it's first shot was a great success while tee-ing up another ball and whacking it God knows where.


Anonymous Bob said...

Hold on there Spencerblog! Didn't our first shot take place in the final days of the Bush administration, in a hurried manner? I don't hear anyone saying it was a great success, do you? Or was that considered the second one? I remember getting $500 a few yrs. ago, compliments of the Bush administration.
Wouldn't that have been considered stimulus #1?

February 12, 2009 at 11:13 AM 
Anonymous Bob said...

Will says "John McCain probably was eager to return to the Senate as an avatar of bipartisanship, a role he has enjoyed. It is, therefore, a measure of the recklessness of House Democrats that they caused the stimulus debate to revolve around a bill that McCain dismisses as "generational theft"
Particulary since Will dismissed McCain as a know nothing when it came to the economy.

February 12, 2009 at 1:26 PM 

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